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Listed by Chris Hsuan-Chu Lee • Berkshire Hathaway HomeService
$ 120,000,000
Est. payment /mo
New
130 West Huntington Arcadia, CA 91007
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-25184182
Year Built 2021
Property Sub-Type Hotel/Motel
Property Description
BHHSCP Commercial Division is pleased to present the rare opportunity to acquire Le Meridien Pasadena Arcadia, a 233-room full-service luxury hotel, newly delivered in 2021, located right next to Santa Anita Park -- the slated equestrian venue for the 2028 Olympic Games. This is a stabilized, trophy-caliber hotel in a high-barrier-to-entry market with no renovation need -- truly a core, long-term hold for the right buyer. Delivered in 2021, this 233-key, institutional-grade asset is the only Marriott-branded, full-service hotel in the region--and the only luxury hospitality property directly adjacent to Santa Anita Park, the official equestrian venue for the 2028 Olympic Games. The hotel features 14,000 square feet of premium event space, including the only ballroom in the area with floor-to-ceiling windows, as well as a 7,000 square foot outdoor event garden, heated pool, fine dining restaurant, and 24-hour fitness center. Designed by AO Architects with structural engineering by Thornton Tomasetti, the property boasts a steel-frame superstructure with curtain wall glazing and seismic resilience built to California's 2016 building code.
Location
State CA
County Los Angeles
Area 605 - Arcadia
Zoning Hotel R-1
Interior
Laundry Individual Room
Building
Lot Description Garden, Greenbelt, Landscaped, Lawn, Corner Lot, Front Yard
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944